I'm bullish NVDA, EA, AMDThese gaming and graphic cards stocks have been crushed so hard and they are showing strength.
Nice longs on those in my opinion.
Stay safe, traders!
EA trade ideas
Apex-- EA value growth technical playVery rarely does value growth and technicals agree. Sometimes puke trades are the best trades EA looks very appealing at these levels
EAEA has dropped around 16% after the market closed due to its earnings.
There is a big gap, that is likely to be filled the coming days.
EA Butterfly TradeBuy: $84 Put 02/08
Sell: $79 Put 02/08
Buy: $74 Put 02/08
Cost: $250
Breakeven: $76.50/$81.50
Max Profit: $750
Volatility contraction trade, TP around 10-20% of max profit. Somewhat risky but with a nice 3:1 Reward/Risk ratio.
Is Battlefield disappoint EA?Hi traders, Stock of EA will drop more than 17% on its current price as 3rd quarter earning report results. EA cuts outlook revenue as its iconic "Battlefield" latest sequel failed to perform than expected. EA executives said the "Battlefiled V" had poor sales selling a million fewer units than they have expected. Shares of EA eventually plunged by 18 percent following the news.
Videogame producer Electronic Arts cut its yearly income point of view toward Tuesday after its most up to date "War zone" title sold around a million less units than anticipated, in the midst of rising challenge in an industry being reshaped by upstarts like "Fortnite" and "PUBG."
Offers of EA sank 18 percent in twilight exchanging following the news.
Diversion establishments like "Front line" and "FIFA" are among EA's most notorious, yet the quick ascent of on the web, frequently allowed to-play recreations with drawing in arrangements are testing the predominance of EA, Activision Blizzard and Take-Two Interactive Software Inc.
EA ready to shootEA at down bottom seems taking a turn and going towards recent SH as per price action,must croos the entry level within 4-5 trading session and then it would be a gud swing trade
EA bullish momentum Good guess at best, momentum inspired by the biggest televised sports event in the world Super Bowl
MA cross I'm going longThe shares of EA fell sharply during the fourth quarter of 2018, taking into account that many problems occurred within and outside the company, after having assimilated all these problems, it is possible that EA has already found a point of change in which the price of a turn, that's why I decided to put myself long in EA, well, that's all I can say thank you very much.
MA cross I'm going longThe shares of EA fell sharply during the fourth quarter of 2018, taking into account that many problems occurred within and outside the company, after having assimilated all these problems, it is possible that EA has already found a point of change in which the price of a turn, that's why I decided to put myself long in EA, well, that's all I can say thank you very much.
Electronic ArtsGreat technical stock. Confirmed trend line with a break and perfect 78.6%. Good opportunity to sell now on the bounce of 200SMA. Entry on smaller time frames. Company is successful in gaming industry and earnings are usually surpassed.
EA - NeutralEA working into the corner of a longer term flag formation .
If 74.8 support is broken, i'd say short is in play, however, if 74.8 holds, a bounce would provide a nice long opportunity.
EAEA working into the corner of a longer term flag formation.
If 74.8 support is broken, i'd say short is in play, however, if 74.8 holds, a bounce would provide a nice long opportunity.
ERT: Electronic Arts Inc. - Forecast until 2021ERT: Electronic Arts Inc. - Forecast until 2021
1. Fundamental analysis:
Estimated annual income increase:
Sales: 12,53% (estimated)
EBITDA: 15,81% (estimated)
EBIT: 17,00% (estimated)
Net income: 25,31% (estimated)
2. Trend/Technical Analysis:
Resistance: 104,661
Support: 1. 63,908
2. 53,042
3. 48,050
Now: Bearish
Possible bullish trend will be confirmed by the MACD and Know Sure Thing Indicators moving above zero line.
Also if the RSI is increasing & decreasing around the 50 line -> Bullish
EA / weekly / looking to short in resistance zonepossible h&s try to short if any pull back in resistance zone.
EA Short for now till its reached 65 then possible long now 85.6Weakens of all indicators showing possible make new lows at area between 60-70 which should be a good entry level for 2019 targeting 95 then 125 then 140s.
[EA] Phase 4 -> don't buy The price is going down. Last time, I said, "don't buy." This time I mean the same.
EA | Shows Bullish Divergence in DailyNASDAQ:EA
EAs daily chart shows a bullish divergence today. That indicates that bears are out of steam and the stock could turn around.
Elder Impulse system shows neutral on weekly chart and neutral on Daily. Both after red weeks or days before. Very good indications.
I suggest going short with cash secured PUTs or long directly.
